Park Aerospace Quarterly Profit Climbs To $4,534,000 From $2,404,000 As Sales Rise To $20,791,000
Earnings per share were $0.21 versus $0.12 a year earlier, and the gross margin widened to 34.3% in the fiscal second quarter.
Park Aerospace's net earnings for its fiscal second quarter were $4,534,000, against $2,404,000 a year earlier, on sales of $20,791,000 versus $16,381,000. The figures come from a news release furnished with an 8-K filed Thursday for the quarter ended August 30, 2026.
What the results show
Sales also topped the $18,312,000 the company booked in the first quarter, ended May 31, 2026. Earnings per share, basic and diluted, were $0.21, versus $0.12 a year earlier and $0.17 in the prior quarter.
Gross profit was $7,135,000, or 34.3% of sales, against 31.2% a year ago and 34.8% last quarter. Selling and administrative costs were $2,403,000, or 11.6% of sales, versus 13.9% a year earlier.
Adjusted EBITDA, the company's own measure of earnings before taxes, interest, depreciation and stock option expense, was $5,285,000. That compares with $3,401,000 a year earlier and $4,576,000 in the prior quarter.
Park Aerospace develops and makes advanced composite materials for aerospace markets, according to the release.
Six months and the balance sheet
For the first six months, sales were $39,103,000 versus $31,781,000, and net earnings were $8,067,000 versus $4,484,000. Earnings per share for the period were $0.38 basic and $0.37 diluted, against $0.23 and $0.22.
Interest and other income was $1,625,000 for the six months, up from $745,000. Cash and marketable securities stood at $114,749,000 on August 30, versus $89,368,000 on March 1. Shareholders' equity was $162,732,000, up from $129,950,000.
Weighted average basic shares were 21,733,000 in the quarter, versus 19,875,000 a year earlier. Per-share earnings rose despite the larger share count.
In after-hours trading Thursday, shares were quoted at $30.98, about 4% above the $29.66 regular-session close (market data).
What to watch
Management scheduled a conference call for 5:00 p.m. EDT Thursday and said forward-looking information may be discussed. A replay runs through 11:59 p.m. EDT on Thursday, October 15, 2026.
The release gives no outlook; any forward-looking remarks were left to Thursday's call.
Sources
- 8-K Filing — PARK AEROSPACE CORP (PKE) — SEC EDGAR
- Exhibit ex_1023931.htm — PARK AEROSPACE CORP 8-K exhibit — SEC EDGAR
- Park Aerospace Corp. Announces Date of Second Quarter — globenewswire.com
